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How much of a boost did food companies get from COVID-19?

Share it This is the first article in a four-part weekly series that looks at how food and beverages companies fared during the pandemic. The second part, also published today, features charts comparing several publicly traded food companies pandemic-period sales to those a year prior. Next week, Food Dive looks at the companies that did not follow the same growth pattern as most. While 2020 was a bad year for most businesses, many people and health in general, the food business was booming. As a whole, CPG food and beverage saw unprecedented growth, with industry sales up 12% in 2020, according to Stacey Haas, a partner at McKinsey & Company. A Food Dive analysis of earnings reports from publicly traded food companies in the U.S. showed sales growth in a single quarter up as much as 38% over the same quarter in 2019.

New yorkUnited statesBrandy burtSean connollyJeff harmeningAnand raghuramanLuca zaramellaSteve cahillaneStacey haasNicholas feredayKraft heinzConsumer analysts group of new yorkDepartment of agricultureMckinsey companyFood diveRabobank food

Big Food is watching you: General Mills and rivals go all in on analytics

Pandemic-driven rise in online shopping has widened the trove of data available to companies as they target consumers.

United statesBetty crockerRay yuBob nolanRebecca brownKraft heinzTaylor smithOscar mayerUppercase industriesBoston consulting groupBig foodKraft macaroniCheese big bowlsBoston consultingGeneral millsConagra brands

Omar Sharif : que devient sa dernière compagne, la comédienne Andréa Ferréol ?

Omar Sharif : que devient sa dernière compagne, la comédienne Andréa Ferréol ?
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Large foodபெரியது உணவு

The quest to make genuinely cheesy dairy-free cheese

Thursday 8 April 2021 The dairy-free cheese fridge at your local health food store could stand as a monument to the human capacity for both boundless creativity and self-deception. Roam its chilled confines and you might find ersatz cashew-nut camembert or blue-veined wedges of coconut-derived faux stilton. There may be pale logs of rice starch mozzarella, or chickpea flour formed into a ridged truckle of imitation parmesan. These products point to an ever-expanding galaxy of choices and a buoyant industry where, according to The Good Food Institute, sales grew by 18 per cent in the US in 2019 (compared with just one per cent growth for traditional animal-derived cheese). There is a revolution underway; an artisanal boom in plant-based fermentation far better than what was available even a decade ago. And forecasts predict the global vegan cheese market to almost triple in worth, to $7 billion (£5.1 billion), by 2030.

Hong kongUnited kingdomUppsala lanUnited statesCity ofSan franciscoTufts universityCharlotte stevensBbob igerPerumal gandhiSynbio axlrIsha datarDavid zilberAryan pandyaLos angelesSorosh tavakoli

Gathered Foods nets $26 35M

Gathered Foods nets $26 35M
fooddive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fooddive.com Daily Mail and Mail on Sunday newspapers.

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